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Suppose that the distribution of sales within an industry is as shown in the following table: Firm Share of Total Market Sales 15 14 13
Suppose that the distribution of sales within an industry is as shown in the following table: Firm Share of Total Market Sales 15 14 13 10 IOTMOORE 10 10 9 6 All others 13 Total 100% There are 13 "All others" in the industry in the above table, each of which has a share of sales equal to 1 percent. The value of the Herfindahl-Hirschman Index for this industry is (Enter your response as a whole number.)
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